A group of executives with more than 25 years of cumulative experience in the payments industry has created a new company, Smart Card Solutions.

The consulting firm will focus on payment system technologies for smart cards and the Internet.

The group's employees have developed software for Diebold, De La Rue Fortronic, NBS Technologies, and Verifone point of sale terminals.

President William Biwer said staff members have been working on several smart card projects over the past three years, including Mondex, MasterCard Cash, and Visa Cash.

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